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Developing the basic app cost

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Developing the basic app would cost you around SGD $9,000/-. You only have S$12,000/- with you. You are not able to borrow any money as you have no collateral. You have two credit cards with a combined credit limit of S$8,000. Your bank account has an overdraft facility of S$5,000. There are no family members or friends who are able to lend you any funds. You are not keen on getting any partners in the business. Analyse and explain how you would go about doing the business concept under those circumstances.

(Would fall under bootstrapping)

Reference no: EM133148257

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